Mark Steyn looks at the looming regulation of everything, with the best and brightest in charge. (At least they think they are the best and brightest).
The challenge they face:
When the Bolsheviks chose to introduce Russians to the blessings of a "command economy" 90 years ago, they were dealing with a relatively simple agricultural society largely contained within national borders. Obama and Geithner are trying to do it with a sophisticated global economy in which North American consumers, European bankers, Asian suppliers, Saudi investors and Chinese debt-holders are more tangled than an octopuses' orgy.